Founder's Co-op is an angel investment fund, led by Andy Sack and Chris DeVore, which has raised a new $8 million fund from some of the top names in the Seattle technology community. The group plans to bankroll as many as 20 new startup companies in the Pacific Northwest. Founder's Co-op invests between $50,000 and $250,000 in early-stage startups. Backers of Founders Co-op include Concur president Raj Singh; Ontela co-founder Dan Shapiro; Swype CEO Mike McSherry; AdReady CEO Karl Siebrecht; angel investor Vijay Vashee and more than 50 others from the technology community.